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CPF monies are used by the CPF Board to invest in the exclusive purchase of Government-issued Special Singapore Government Securities (SSGS), with the proceeds from these transactions going into the past reserves. [5] As at Sep 2024, the CPF managed US$463 billion (S$594 billion) for 4.2 million account holders. [6]
The Istana is the official residence of the President of Singapore. The reserves of the Government of Singapore is a collection of assets, after subtracting for liabilities, owned by the Government of Singapore and the entities listed in the fifth schedule of the Constitution, such as the Central Provident Fund (CPF), Housing and Development ...
Logo of the Insolvency and Public Trustee's Office. The Insolvency & Public Trustee's Office (IPTO) in Singapore is a department under the Ministry of Law.IPTO oversees the administration of individual and corporate insolvencies, the administration of small intestate estates and un-nominated Central Provident Fund (CPF) monies, as well as the licensing and regulation of moneylenders and ...
A CPF number is a 11-digit number of which the first eight digits form its base. The ninth number indicates the Fiscal Region responsible for its registration. The Fiscal Regions have the following identification: [10] 1 – DF, GO, MS, MT and TO; 2 – AC, AM, AP, PA, RO and RR; 3 – CE, MA and PI; 4 – AL, PB, PE and RN;
The most important category of Singapore initialisms are those for government departments and public institutions. Among the earliest examples are PUB ("Public Utilities Board") and HDB ("Housing Development Board"). Abbreviations such as these were especially important in the past when most Singaporeans were not educated in English, and their ...
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A national identification number, national identity number, or national insurance number or JMBG/EMBG is used by the governments of many countries as a means of tracking their citizens, permanent residents, and temporary residents for the purposes of work, taxation, government benefits, health care, and other governmentally-related functions.
In addition to Temasek, the Government of Singapore also owns GIC Private Limited, a traditional SWF which manages about US$744 billion (S$1.006 trillion) of assets as of 2022 [15] [16] and the compulsory pension programme Central Provident Fund (CPF) with assets of US$397 billion (S$540 billion), [17] giving a total publicly known AUM of ...